It’s been an exciting week in the event ticketing world with the announcement that Yahoo and Live Nation will be teaming up to deliver 365 live-streaming concerts over a 12 month period to being later this summer. Live Nation has been seeking a reliable way to scale up the delivery of online concert performances for many years and with the help of Yahoo’s media delivery infrastructure and massive subscriber base, it would seem that the time if finally right for streaming concerts to become a prominent fixture in the musical entertainment market. The announcement is undoubtedly due in part to the massive success of the Coachella live stream which was unanimously regarded as an incredible success. Though live streaming of concerts is nothing new, the availability of cheap, high quality HD equipment has finally made it possible to leave HBO out of the equation for mass transmission of high quality video. Personally, I think this has been a long time coming and though I live in Los Angeles (where, once upon time, everyone came to play… not anymore) I love that this will able to connect artists with those of you living in places that don’t routinely make the tour list (I see you my non-city people! We love you too!)
In other ticketing news, StubHub announced it would begin producing its own events in addition to ticketing as a giant “**** you” to AEG who is already stupid enough to advertise stubhub with giant banners in their various sports arenas… sports arenas that can’t sell tickets because its way cheaper to buy the tickets through stubhub. Way to go Anschutz, let me know once you’ve had enough pain and I’ll be happy to come on as a consultant and fix all the stupidity in your organization. You fed the parasite!
Drop us a line on the Facebook or Twitter and let us know what you think about internet-streamed concerts! How much would you pay to watch a stream of your favorite artist? (Maybe its time for another RTT virtual party?)
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